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NSBU Procurement Principles<br />

• Comply with EU/Norway/UK Procurement<br />

Regulations (objective, transparent, non-<br />

discriminatory)<br />

• Use Oil & Gas Directory registered suppliers<br />

(FPAL & Achilles)<br />

• Competitive bidding is our preferred approach<br />

• Tendering through electronic medium is favoured<br />

• Bid evaluation is value based<br />

• Use Contract Management Plans reflecting value,<br />

risk and contract complexity<br />

• Access opportunities for regional and global<br />

leverage.

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